Hello My name is Jasuia I am a wholesaler in the cleveland area I understand that this market can be tricky and requires close attention to detail and sometimes the very aspect of a deal you over look is what can make or break you. This is the advantage of using a wholesaler with a phenomenal team in place to help take the guess work out of it, I believe its my job to make sure Im bringing you deals that are smooth and profitable. My motto is if it doesnt make sense why bother??? I hope to network with investors looking for that perfect deal and wholesalers who are interested in networking exchanging ides etc!!! I look forward to talking with each and everyone who joins this group.
Looking for great deals in Cleveland, Ohio?
July 6th, 2016 | posted by EnerchiThese deals are a little different to regular wholesaling and work as follows:
1. We find the property and present the numbers to you.
2. If you're happy with the numbers you enter a tripartite agreement with myself and my contracting team to purchase the property. We will rehab house to an agreed ARV.
3. You provide up front 30% of rehab cost to begin rehab and for materials.
4. At 60% completion of rehab you provide an additional 30% rehab cost.
5. At 100%, you pay remaining rehab cost and consultation fee.You end up with a high quality property that you can rent for a great price or sell at the agreed ARV.
The great things about this deal are:
1. not all payment is required up front
2. high quality rehab work
3. accurate ARV estimates